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The impact of electricity on economic development: A macroeconomic perspective

Burke, Paul J.; Stern, David I.; Bruns, Stephan B.


This paper provides a review of the macro-level evidence on the importance of electricity for economic development. We find that electricity access and use are strongly correlated with economic development, as theory suggests. Despite a large empirical literature, however, there are few methodologically strong studies that establish causal effects of either electricity use or electricity infrastructure on economic growth. The micro-level literature provides more convincing evidence of causal...[Show more]

CollectionsANU Research Publications
Date published: 2018
Type: Journal article
Source: International Review of Environmental and Resource Economics
DOI: 10.1561/101.00000101


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